The GBPJPY has been trending higher since September of last year. Notice the higher lows and higher highs on the daily chart below. However, a look at the price action since January of 2018 shows a lot of indecision from the GBPJPY. But despite the seemingly choppy movement, this pair has produced some nice swings since the October 2016 low. The key to taking advantage of these swings is timing. That’s always the difference between the swing traders who grow accounts and those who don’t. One way to time swings in any market is with the use of channels. They can serve as guides during an uptrend or downtrend, and they ... (full story)